Thursday, April 30, 2009

High Sales Targets and Stress.

Some of my readers have expressed concerns over the high sales targets that are set for them by their management. Whether or not you are a PFC, RM (personal, middle enterprises, wholesale) Private Banker, SME Specialist, Mortgage Specialist etc, you will no doubt be feeling the stress lately.
Market is slow and a large number of consumers are sceptical about banks these days. If your targets are AUM (Assets Under Management) based, you will be even more stressed as your performance will be based on the $ that you can bring in. A customer recently said that he would rather put his hard earned $ at home under his bed or pillow than with a bank. And he was real serious when he passed that comment.

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